Pierre-Olivier Weill

Institution
UCLA
PhD Year
2004
poweill@gmail.com
FTG Membership
Senior Member
Website
http://sites.google.com/site/pierreolivierweill/
Featured Work
Mar 29, 2021
Incentive Constrained Risk Sharing, Segmentation, and Asset Pricing
Incentive problems make securities’ payoffs imperfectly pledgeable, limiting agents’ ability to issue liabilities. We analyze the equilibrium consequences of such endogenous incompleteness in a dynamic exchange economy. Because markets are...